Exclusive: William Klippel rejoins Forex.com to head Partnerships and Alliances
William Klippel worked for 15 years at Gain Capital in a variety of positions starting in 2005, leaving after StoneX acquired Gain in 2020.
StoneX
Total compensation of StoneX’s Head of Retail and FX Glenn Stevens for 2023 amounts to $5.6M
In 2023, the total compensation of StoneX’s Head of Retail and FX Glenn Stevens amounted to $5.59 million.
StoneX enables Swift’s new solution for cross-border payments
Clients of StoneX’s payments business, StoneX Payments, will benefit from the adoption of Swift’s pre-payment validation technology.
StoneX to pay $300,000 fine to settle ICE charges
StoneX neither admitted nor denied the alleged rule violations, but agreed to pay a monetary penalty of $300,000.
StoneX estimates $20.1M of GAIN Capital’s acquisition consideration remains payable
StoneX Group, the owner of Forex brands such as FOREX.com and City Index, has filed its latest 10-K report with the SEC.
Lower trading volumes eat into StoneX FX/CFD revenues in Q4 FY23
Operating revenues derived from FX/CFD contracts declined $2.2 million, or 3%, to $79.2 million in the three months ended September 30, 2023.
StoneX announces three-for-two split of its common stock
StoneX Group Inc. (NASDAQ:SNEX) has announced that its Board of Directors has approved a three-for-two split of its common stock.
SEC charges former StoneX exec with insider trading ahead of GAIN Capital acquisition
Conlan misappropriated material nonpublic information about the upcoming acquisition by purchasing GCAP stock later that day.
StoneX fined $650K for failing to disclose Pre-Trade Mid-Market Marks (PTMMM)
StoneX failed to implement procedures to ensure that its PTMMMs were accurate.
StoneX FX/CFD revenues increase 17% in strong Q3 of FY2023
However on a year-to-year basis StoneX’s FX/CFDs business is still shrinking, down by 17% from $86.8M in last year’s fiscal Q3.
